NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky announces it has commenced an investigation of CBL & Associates Properties, Inc. (“CBL” or the “Company”) (NYSE:CBL) concerning possible violations of federal securities laws.
On May 24, 2016, after the market close, the Wall Street Journal reported that the Federal Bureau of Investigation and the U.S. Securities and Exchange Commission are investigating whether CBL officials falsified information on financial statements to banks when applying for financial arrangements. According to the Wall Street Journal, the Company allegedly inflated its rental income and occupancy rates when reporting these figures. To obtain additional information about the investigation, go to:
or contact Eduard Korsinsky, Esq. either via email at firstname.lastname@example.org or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
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